web analytics
November 26, 2014 / 4 Kislev, 5775
At a Glance
InDepth
Sponsored Post
IDC Herzliya Campus A Day on Campus

To mark IDC Herzliya’s 20th anniversary, we spent a day following Prof. Uriel Reichman, IDC’s founder and president, and Jonathan Davis, VP for External Relations, around its delightful campus.



Home » InDepth » Op-Eds »

WSJ, Facebook, Intel, Amazed by Israel’s High Tech

Straight from the Jerusalem Boardroom #185, October 28, 2013
IsraelHighTech

Originally published at The Ettinger Report.

1.  Nicola Mendolsohn, Facebook Vice President: “Facebook was amazed by the amount of talent in a small country like Israel [5,000 tech companies].  It was a momentous decision for Facebook to open its first R&D center outside the US in Israel.  We chose Israel in the knowledge that the best talent is found here.  Onavo, the Israeli company that we acquired [for $150MN] will help Facebook achieve its vision of linking the largest number of users possible (Jerusalem Post, Oct. 16, 2013).” The German global software giant, SAP invests $75MN in a new building for its Israel Center (Globes, Oct. 15).

2.  Intel Capital, Intel’s investment arm, is expanding its portfolio of over-60-Israeli-companies, investing $10MN in three additional Israeli companies (Globes Business Daily, Oct. 24).

3.  The Boston-based HarbourVest led a $35MN round of private placement by Israel’s Outbrain, joined by the Menlo Park-based Lightspeed Venture, Geneva-based Index Ventures and leading Israeli VC funds (Globes, Oct. 24).

4.  Israel is a global leader in the development of water technologies.  Export of water technologies was $2BN in 2012, 170% increase in six years, expected to reach $2.2BN in 2013.  280 Israeli companies develop water technologies, 150 are export-oriented (Globes, Oct. 22).

5.  Wall Street Journal (Ben Rooney), Oct. 24: It is extremely hard not to be a bit star-struck by the Israeli technology scene…. ‘It is Silicon Valley for the rest of the world’ said Saul Klein, a London-based venture capitalist…. ‘On a scale of one to 10, the innovation I see in Germany would be close to zero. In Israel, it is a 10,’ said Mark Tluszcz, co-founder of Mangrove Capital Partners, a Luxembourg-based venture firm…. What’s the secret? Reasons include the role of the Israeli Defense Forces, and in particular the high-tech Unit 8200; the unique cultural values of a country forged from centuries of oppression; and Jewish mothers…. The link with America remains as strong as ever. If you look at the flight schedules into Tel Aviv, there are just three direct flights a week from Beijing, and another three from Seoul. There are at least that many a day from the U.S.”

About the Author: Ambassador (ret.) Yoram Ettinger is consultant to Israel’s Cabinet members and Israeli legislators, and lecturer in the U.S., Canada and Israel on Israel’s unique contributions to American interests, the foundations of U.S.-Israel relations, the Iranian threat, and Jewish-Arab issues.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

One Response to “WSJ, Facebook, Intel, Amazed by Israel’s High Tech”

  1. I am so proud of Israel's sophisticated and superior technology. That is why we need to protect her as an ally and as a great help to the rest of the world.

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Ferguson, Missouri: rioting against racism, encouraging murder
The Foul Stench of the Ferguson Fallout
Latest Indepth Stories
Rabbi Maurice Lamm

Creativity without clarity is not sufficient for writing. I am eternally thankful to Hashem for his gift to me.

Golden presents a compelling saga of poor but determined immigrants who fled pogroms and harsh conditions in their homelands for a better life in a land of opportunity.

It seems to us that while the Jewish entitlement to the land of Israel transcends the Holocaust, the Jewish experience during that tragic time is the most solid of foundations for these “national rights.”

Too many self-styled civil rights activists seemed determined to force, by their relentless pressure, an indictment regardless of what an investigation might turn up.

Egypt’s al-Sisi is in an expansionist mood. He wants Israel’s permission to take over Judea and Samaria.

Cries of justice for Michael Brown drowned out any call for justice for Police Officer Daryl Wilson.

Cloistered captain Obama, touts his talents and has the temerity to taunt Bibi,his besieged ally

Former PM Ariel Sharon succinctly said, “the fate of Netzarim (Gush Katif) is the fate of Tel-Aviv.”

“What’s a line between friends?”

Unrest in YESHA and J’m helps Abbas and Abdullah defuse anger, gain politically and appear moderates

A “Shliach” means to do acts with complete devotion and dedication in order to help bring Moshiach.

The pogroms in Chevron took place eighty five years ago, in 1929; the Holocaust began seventy-five years ago in 1939; the joint attack of Israel’s neighbors against the Jewish State of Israel happened sixty-six years ago… yet, world history of anti-Semitism did not stop there, but continues until today. Yes, the primitive reality of Jews […]

“We don’t just care for the children; we make sure they have the best quality of life.”

“Why do people get complacent with the things they’re told?”

More Articles from Yoram Ettinger
About 7 in 10 Americans view Israel favorably – making Israel the only positively viewed Middle East country. But the younger Americans get, the more they like some Arab countries.

The soaring threat of Islamic terrorism to the US mainland, pro-US Arab regimes, Europe, India, Asia, Africa and Australia has reaffirmed Israel’s role as the moral and military outpost of the US in the Middle East. Israel’s strategic role has gained in importance against the backdrop of the US withdrawal from Iraq and Afghanistan, the […]

Death to Terrorists

Terrorists aren’t driven by social, economic, or other grievances, rather by a fanatical worldview.

Battling Arab terrorism is undermined by focusing on symptoms rather than its cause, hate-education.

Sukkot is a universal holiday, inviting all peoples to come on a pilgrimage to Jerusalem.

Yom Kippur is observed on the tenth day of Tishrei – an Acadian word for forgiveness and Genesis.

Rosh Hashanah is a universal, stock-taking, renewal and hopeful holiday,

The War projects to lower Israel’s 2014 GDP 0.5% but will have little influence on foreign investors

Pres. Obama claims there’s no Islam-driven terrorism or radicalism, only “local” cases of terrorism.

Printed from: http://www.jewishpress.com/indepth/opinions/wsj-facebook-intel-amazed-by-israels-high-tech/2013/10/28/

Scan this QR code to visit this page online: